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8D Consent 2011 0919
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8D Consent 2011 0919
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Last modified
9/29/2011 5:14:40 PM
Creation date
9/13/2011 5:40:01 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Staff Report
Document Date (6)
9/19/2011
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_CC Agenda 2011 0919
(Reference)
Path:
\City Clerk\City Council\Agenda Packets\2011\Packet 2011 0919
Reso 2011-166
(Reference)
Path:
\City Clerk\City Council\Resolutions\2011
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TABLE OF CONTENTS <br />ARTICLE I <br />DEFINITIONS; RULES OF CONSTRUCTION <br />SECTION1.01. <br />Definitions ........................................................................... ..............................2 <br />SECTION1.02. <br />Authorization ....................................................................... ..............................2 <br />SECTION 1.03. <br />Interpretation ....................................................................... ..............................2 <br />ARTICLE II <br />AUTHORIZATION AND TERMS OF BONDS <br />SECTION 2.01. <br />Authorization and Purpose of Bonds .................................. ............................... <br />3 <br />SECTION2.02. <br />Terms of the Bonds ............................................................. ..............................3 <br />SECTION 2.03. <br />Redemption of Bonds .......................................................... ..............................4 <br />SECTION2.04. <br />Book Entry System ............................................................. ............................... <br />7 <br />SECTION 2.05. <br />Form and Execution of Bonds ............................................ ............................... <br />9 <br />SECTION 2.06. <br />Transfer and Exchange of Bonds ....................................... ............................... <br />9 <br />SECTION 2.07. <br />Registration Books ............................................................. .............................10 <br />SECTION 2.08. <br />Bonds Mutilated, Lost, Destroyed or Stolen ........................ .............................10 <br />ARTICLE III <br />DEPOSIT AND APPLICATION OF PROCEEDS OF BONDS <br />SECTION 3.01. <br />Issuance of the Bonds ........................................................ .............................11 <br />SECTION 3.02. <br />Deposit and Application of Proceeds .................................. .............................11 <br />SECTION 3.03. <br />Costs of Issuance Fund ...................................................... .............................11 <br />SECTION3.04. <br />Validity of Bonds ................................................................. .............................11 <br />ARTICLE IV <br />SECURITY OF BONDS; FLOW OF FUNDS; INVESTMENTS <br />SECTION 4.01. <br />Security of Bonds; Equal Security ...................................... .............................12 <br />SECTION 4.02. <br />Debt Service Fund; Transfer of Amounts to Trustee .......... .............................12 <br />SECTION 4.03. <br />Investment of Moneys in Funds .......................................... .............................13 <br />ARTICLE V <br />OTHER COVENANTS OF THE CITY <br />SECTION5.01. <br />Punctual Payment .............................................................. .............................13 <br />SECTION 5.02. <br />Budget and Appropriation of Debt Service; Certification to Trustee <br />.................14 <br />SECTION 5.03. <br />Extension of Payment of Bonds ......................................... .............................14 <br />SECTION 5.04. <br />Books and Accounts; Financial Statements; Additional Information <br />................14 <br />SECTION 5.05. <br />Continuing Disclosure ......................................................... .............................14 <br />SECTION 5.06. <br />Protection of Security and Rights of Owners ...................... .............................15 <br />SECTION 5.07. <br />Further Assurances ............................................................ .............................15 <br />ARTICLE VI <br />THE TRUSTEE <br />SECTION 6.01. <br />Duties, Immunities and Liabilities of Trustee ...................... .............................15 <br />SECTION 6.02. <br />Merger or Consolidation ..................................................... .............................16 <br />SECTION6.03. <br />Liability of Trustee .............................................................. .............................17 <br />SECTION 6.04. <br />Right to Rely on Documents ............................................... .............................18 <br />SECTION 6.05. <br />Preservation and Inspection of Documents ........................ .............................19 <br />SECTION 6.06. <br />Compensation and Indemnification .................................... .............................19 <br />SECTION 6.07. <br />Accounting Records and Financial Statements .................. .............................19 <br />ARTICLE VII <br />MODIFICATION OR AMENDMENT OF THIS INDENTURE <br />SECTION 7.01. <br />Amendments Permitted ...................................................... .............................19 <br />SECTION 7.02. <br />Effect of Supplemental Indenture ....................................... .............................2C <br />
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